1-bed · 869 sqftAl Majara Tower 3, Dubai Marina · 7th floor · completed 2006

702, Al Majara Tower 3

Sold prices and rental history: sold 3 times, last in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 16 April 2018
Last soldAED 1.48M16 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Al Majara Tower 3

What is 702 worth today?

Last sold for AED 1,480,000 in 2018

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16 Apr 2018SoldReady
AED 1,480,000AED 1,703 per sqft
5 May 2008Sold by developerReady
AED 1,600,000AED 1,841 per sqft
5 May 2008SoldReady
AED 1,110,000AED 1,277 per sqft

Source: Dubai Land Department. Updated 16 April 2018.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 9
Parking
282
Developer
Emaar
Completed
2006
Service charge
AED 13,100 /yr
Last sold
AED 1.48M · April 2018

About 702, Al Majara Tower 3

702 is a one-bedroom apartment of 869 sqft on the 7th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 16 April 2018 for AED 1,480,000, or AED 1,703 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Al Majara Tower 3
1M1.5M2008201120142017Typical sale price by year: 2008 AED 734,888; 2009 AED 667,800; 2010 AED 805,888Sold by developer, May 2008: AED 1,600,000 (AED 1,841 per sqft)Sold, May 2008: AED 1,110,000 (AED 1,277 per sqft)Sold, April 2018: AED 1,480,000 (AED 1,703 per sqft)

702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in Al Majara Tower 3
100K2013201720212025Typical rent by year: 2013 AED 86,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,045; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 67,500; 2022 AED 75,650; 2023 AED 80,170; 2024 AED 88,374; 2025 AED 98,175; 2026 AED 125,002

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Majara Tower 3, and where 702 sits

All 17 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
11 Jan 20241,500,000
13 Jan 20221,230,000
1 Jun 20211,170,000
27 Jan 2021600,000
0 1-bed sales in the last 12 months

Al Majara Tower 3

Building

55 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,230
Typical sale
AED 3.13M
Typical rent
AED 139K /yr
Typical yield
5.2%
Al Majara Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 55 units in Al Majara Tower 3
Value
7012-bedAED 1.11M · Mar 2008
7032-bedAED 1.04M · Oct 2015
7042-bedAED 1.07M · Jul 2010
7051-bedAED 600K · Jan 2021
7062-bedAED 2.18M · May 2018

702, Al Majara Tower 3 in numbers

  • Sold 3 times: first on 5 May 2008 for AED 1,110,000, last on 16 April 2018 for AED 1,480,000 (AED 1,703 per sqft).

Source: Dubai Land Department. Updated 16 April 2018.

Questions about 702, Al Majara Tower 3

What did unit 702 last sell for?

AED 1,480,000 on 16 April 2018: AED 1,703 per sqft for 869 sqft. The unit has 3 registered sales; the first was AED 1,110,000 in May 2008.

How big is unit 702?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 702, Al Majara Tower 3

Starts from the last sale price (AED 1.48M, 16 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →